>> on gay marriage, look, i -- it's not something i care deeply about, but, again, the social conservatives o. glad they get to have their day. lou: thanks very much. thank you. >> thank you. lou: appreciate it. edward tweeted us to say for six years, six years, obama said the bush tax cuts are bad, drop bush's name, and, now, the tax cuts are good. how can this be? it's interesting, isn't it? that's all for us. have a great weekend. we'll see you monday. good night from new york. ♪ neil: sometimes you can sum up a week with a couple words, but this week, it's with this ad. >> cutting hundreds of billions of dollars from medicare and medicaid short change the people who need it the most. if you don't want seniors to come up empty, call your members of congress and tell them don't make a bad deal that cuts our care. neil: if that doesn't tell you

real cuts are not coming, neighbor 101 democratic congressman want not to cut social security could drop a hint coming days after the national black cause cues coming further urging all entitlements, not just social security, be left off the cliff talks. you wonder why i fear we had headed for the cliff fast. welcome, everybody, i'm neil cavuto. that's really the deal this week. no deal this week. hence, that if one of the seriously coming behind closed doors, it's one that risks closing off needed cuts. now that democrats keep taking so much off the table, i don't know about you, but the only concrete thing from washington is pretty much how much to hike taxes, not how much to cut spending. should that worry us? it's a deal so disportioned in raising taxes and not cutting spending, what then? a lot of pressure to keep the gravy train running.

what if it runs unabated? the unions who legislated the president remind us every day in ads you owe us, mr. president. cut to the chase. no guts, no glory, for now. the risk of a bad deal over no deal. john, what do you think of that? >> well, the democrats, neil, obviously, are not interested in cutting at all. they hold entitlements out, even though they are completely broke, between medicare, medicaid, and social security. there's a hundred trillion dollars in unfunded entitlement liabilities. tax the rich a 100% for the next hundred years. they are intent on preserving them, extending them, and creating them, making them larger meaning bigger bills and government control. neil: can't they throw a bone to republicans, offer you at the gate, $800 billion in tax hikes? couldn't you throw it back at them, first thing offered, doubling the tax hikes, $1.6

trillion. a clumsy start from the get-go, but i don't see any proposals to match, not the republicans spelled out they get the hikes, but to match the effort to raise taxes. >> well, look, at the end of the day, this is the theater they put down the marker, no way, no how will we compromise, and the other says no way, no how will we compromise. at the end of the day, they compromise. thee have no choice. what you'll see is certain lines in the sand that the president said he will not accept. he will not accept a deal that does not include tax hikes on the wealthy. at the same time, he understands that in order to get that, he has to give the republicans something they want. by the way, the same republicans who ran a campaign with president obama cutting $716 billion out of medicare, all the sudden want tremendous cuts in medicare. i think we'll get a deal. we have to. i think the president understands that. neil: i know we have to, but we've been this way before. here's my worry, that a bad deal

could be worse than no deal. a bad deal, let's say there's cuts, and i don't envision many, your comment, though, withstanding, because i don't see the resolve for it because even slowing growth in a program is opposed by unions, the congressional black caucus, 101 democratic congressmen, when it comes to social security, whether that should or shouldn't be part of the discussion is going to remain as a zeal to raise taxes over cutting spending. that's what worries me. >> well, you know, neil, i sit here in the financial markets, and so my concern all the time is protecting and preserving individuals and corporations' wealth. i look at this, how does it affect the market, and to your point about if this is a bad deal, where there's, you know, no spending cuts, increase in taxes, i think the markets reagent more negatively than one would assume. i think there's a sell off that's significant in the market place. neil: what if there's no deal, period, john, just no deal, then way? >> well, neil, i mean, reality

cannot be avaded. you can evade if for a period of time, but the results cannot be evaded at all. of course, we see what happens when we try to do it. it happened throughout europe the last year, year and a half. all the entitlement programs the population held as untouchable essentially fall apart, and the presidentments to think raising taxes on the wealthy, not cutting entitlements, save the economy, but it's the opposite. the cuts have to come, they will come. the question is do we address them now whens they have a chance to do something about them or wait until the whole system collapses on itself. neil: do you think democrats could be over playing their hand, that, yes, they won the election, not a land slide, doing what george bush did when he was re-elected, the social security thing, just over played his hand. >> well, i don't think so because don't forget, the public polls, which for lack of a better barometer, what we all look at, people blame republicans more than democrats. neil: recession ensues, it's on

everybody. >> exactly right, but barack obama doesn't have to run again. very cognizant of the fact. i'm not, you know, i'm not the grim reaper about this. i believe we are going to get a deal. it's going to be a bad deal because nobody will be happy. the purpose of this is to have pain inflighted on everyone, nobody gets 100%. we'll have tax hikes as well. neil: why i featured the union coming out, is it makes it tough. it's obviously union playing their hands arguing, and they could make a compelling case for this that they helped barack obama get re-elected. brought out the base much more than the republicans did, and they could take credit for that. they are more or less saying in this ad, i think, my opinion, you know us, don't touch us. >> i agree. i'm a son of a carpenter,

familiar with the union membership, and how they think. i think that, you know, they have some argumented here, but, certainly, with respect to this election, they were very important in barack obama, you know, re-election process, and i think they'll stand very firm on the entitlements they feel entitled too, and they will hold barack obama accountable if the spending cuts are more than they would like. >> neil, unions don't have a point, but propaganda. that ad leads up to a day of action from the union on december 10 #th, you know, that never turns out well, does it? i mean, g.o.p., i think, loses on the issue because they are basically siding with the unions wanting to extend, preserve, and protect entitlement programs. they should take a page from george bushing and move towards privatizing entitlements giving ownership. they own a safety net that's

nothing. it's empty. that's why the system is collapsing on itself. >> i think john's rnc sighing a breath of relief you are not in charge of the campaign. that's political suicide. neil: there's a point of losing resolve, their mojo. that used to be the stuff in dna to show responsibility. >> we talked about this. you have jim demint leaving the senate saying i'm more effective at the heritage foundation, the tea party and others do not want a deal. neil: worked under harry reid. >> well, no, no, he filibustered -- neil: no mystery leaving the body led by democrats. >> if you're jim demint, you hold fellow republicans accountable. striking a deal. neil: good point.

i don't agree with why it's happening, but republicans, by boehner now, taking key committees, and the make you now seems to be repudiating the very folks who got you to be speaker of the house. i don't think it's a good trend. >> we are not envying john boehner's current position at the time. it's a difficult position to be in. neil: i envy his office, huge office, huge desk. i envy it. >> demanding prowess. neil: that's a cheap shot. >> that's why he's losing neil. neil: exactly right. >> always going to win, and obama, to his credit, is more consistent on the issue. neil: i will say this that barack obama has been more consistent on that, you're right. i will say this, republicans lost the election, but i didn't realize they lost their backbone. that's neither here nor there. guys, thank you. the stan ten island resident who

stepped in when the government was not helping out. >> we basically saw a bunch of federal response which was out there with clipboards taking notes, but we didn't see boots on the ground actually helping people. neil: so he put boots on and got on the ground. he has now more reasons to be furious. al gore using sandy to go to war over climate change. here's an inconvenient truth for the president. now, al gore is taking on him as well. >> this storm was related to global warming. we cannot have four more years of mentioning this occasionally, and saying it's too bad that the congress can't act. ♪

>> fema is doing nothing still, just going around in a circle. denied, denied. >> this is terrible. it's gets worse.

it's not getting better. >> they blame george bush for katrina. where's obama for sandy? >> how much time do i have to wait? it's been a month. neil: while they were suffering, and fema was shopping, e-mails making victims more angrier with a first responder saying when he got to new jersey, they told us to go to the wal-mart nearby because they didn't have assignments for them. the fema administer says my people are told to go sightseeing. even those who don't flip over him personally are quickly acknowledging that he got and continues to get more done to help people out there than any institution, government, arian or otherwise. john, great to have you. >> neil, thanks for having me. before i, you are a folk hero in

stanten island because you were the first person to allow me to talk about where we were lacking on resources in stanten island, particularly, with fema, and happy to talk the issue again, but before that, i was ordered to present you with this volunteer organization, our t-shirt, only given to volunteers putting in efforts and, your effort to help us and keep the word out about stanten island -- >> deeply honored, thank you. the catalyst for that, we were watching press conferences where, you know, all of these officials, you know, high fives, what a great job they were doing, and then we were reminded by people in your fine burrows it's not happening, there's no white horse on the way, nothing on the way. there's a big disconnect between the back slapping and folks out in your neck of the woods raising a finger. what happened? >> you know, as i told you back on november 3rd, a couple days

after the disaster, we saw a whole load of fema and homeland security, representatives, driving down the streets and marching around with reflective gear and clipboards, but they were sightseeing. they were taking a look around and surveying the situation, but they were not jumping into action, and just to give you one kind of practical example, neil, when we set up the volunteer center, a vfw post where we are now, got stuff indoors, and the commander said, you can, but there's mold in there. i grabbed fema, and i said, we need help, clean this up to store food in here. they said we don't have people for that. i called a friend who owns a company, the mold doctor, and i said, tom, we need help here. in 20 minutes, had ten guys there who cleaned the place, shined it up, and we loaded goods in, and people came in and taking it. just an example of the private

sector on the ground give more immediately than anything seen from fema so far. neil: i don't deny the fact the heart is in the right place, but it's just the government. if you have to have a training program, and wait for a training program to help people, i always thought you had that built in training program going, ready to go, but apparently not. >> well, i did have the opportunity today to speak, in person, to a couple fema reps asking about the topic. i said, there's a fox news report out saying you guys had people sight seeing and not responding, and their excuse was, to your point, was that they are bringing in what's called the surge force, which are people from other governmental agencies that respond to disasters, and people coming in from washington, massachusetts, and the regular people from fema, they are trying hard, neil, but they are not getting the direction. when they get to town, that's when they train them for two to four days, and you would think,

the federal government would train them before they get to town so that they can help people immediately, and it seems like, again, the feds don't have everything in order, and we made mistakes on katrina, thinking they would fix it for this one. neil: amazing. nice thing about you, you saw the problem. it's your home. you said, i'm coming in to help solve it. great attitude. >> neil, not just me, me, my brother, and probably another hundred people, and i don't want to take any or all the credit. it's a group effort. it's fantastic. we are helping people, and that's all that matters to us. neil: the view of wall street, fat cats not caring, but his is the only operation getting it done in stanten island all on his own, without the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more.

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neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. our military could be the one really getting slammed. spending making up for over 50% of the total budget cuts that would automatically be sequesteredded in. all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you think? >> well, the immediate impact would be on operations and maintenance. basically, cuts in training,

programs will be deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these properly. whenever you talk about budget cuts, usually, you have a premise that what are the threats that face us. what's a strategy we have to combat those threats? what is the revenue necessary to fund the execution of the strategy? now we have a situation where just take it across the board, and deal with it. i think it's going to be very dangerous for us. it's not that the defense budget can't be cut. we already mandated 500 billion in cuts over ten years. this is another 500 billion meaning roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going to have a major impact on our readiness, and that's always considered to be the third rail. you touch readiness, our ability to fight, the morale of the troops, weapons, systems,

ammunition, and capability of carrying out the mission. it's not that defense can't be cut. it's not how much you spend, but how you spend it. you start taking across the board cuts, that's december -- decimating the logic of funding the strategy. neil: i know you work hard in your career, senator, to be bipartisan about this, served as a republican and democrat in the administration, but many say republicans signed on to this, and, you know, as part of this fiscal backup to a backbone, this was going to be it, and they aggeed to it, and now they are whining about it. >> they signed up feeling the congress would be so concerned about the national security of the country they'd never let this happen, and so now we're in a situation where it's happening because -- neil: equally to plain though; right? >> absolutely. neil: so how do you think this is ultimately settled? >> it's only going to be settled when the reality sets in on all

members of congress saying is this what you want for the military? these are the young men and women that you are sending out to fight the battle to protect the united states of america, our first obligation is to defend this country, and that means having to defriend it abroad, and you asking the men and women on the front lines so say, well, sorry, no agreement, and you have to take reductions even though they don't make sense in terms of what your requirements are. i think it's a heavy responsibility on republicans and democrats. the commander in chief, the president of the united states, he has an obligation to bring parties in and say, look, do you really want to have this as a policy of the united states at a time we're trying to -- >> well, maybe that's happening. maybe that's happening behind the scenes, secretary, but i wonder. i guess what i'm wondering about, you talk about the military threat, wouldn't there be an international security threat to us if, let's say, they have no deal or they come together with a deal that's a

bad deal, our ratings still cut, our markets still tank. isn't that potentially the greater threat? >> well, the greatest there, well, obviously, if the markets tank, then we're not going to be in a position to raise the funds necessary other than going to borrow the money from the chinese again at a rate much higher than we're currently paying. this is fund thal to -- fundamental to the national security. we need an agreement, ensure the cuts don't go into effect. there can be targeted cuts, and that's easy to identify where those cuts can come, but when you say you have to do it across the board, you decimate the logic of it. neil: whatever we're hearing, sir, could be, again, the one they talk about, disportioned in tax hikes versus cuts, almost three-to-one. >> i think there's no question there has to be tax hikes involved, no deal without it, but there has to be entitlement

cuts or restraint or growth of entitlements. neil: if we don't see the latter, then what? >> the market does it for us. the market place will respond, the economy goes in recession, unemployment goes to 11%, we'll see impact be reduced in terms of the military capability. other nations look at what we are doing, the chinese see, well, you talk about a pivot to the asia pacific region, show me the money. you won't have the money to put the 60% of the naval forces basically in the pacific opposed to where they are today. everything gets tied into these budget numbers in terms of the impact, not only on our military capability, but how other countries see us and how other countries see us, then we'll have an impact on a national security ultimately. neil: well put, secretary. thank you. >> pleasure to be with you. neil: no cuts, the lessons learned about out of this world spending from the guys who literally were out of this world.

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neil: just curious, what were you doing 40 years ago today? well, if you're more than half of all americans, you were not alive, and i really dislike that reality, but the fact of the matter is 40 years ago today, apollo 17 took off, our last mission to the moon. the last time human beings were to set foot on the lune nare -- lunar surface. back then, we ownedded the space race. anything was possible. we were reaching for the stars. forty decembers later, we can't reach a stupid budget accord. what happened to us? from owning space to hitching rides with the russians just to get into space. it's all part of the special we're planning on fox news, 9 #

p.m. sunday. it's a chance for you to find out the real meaning of fly me to the moon, a time when we did set a goal and meet it and never said "couldn't" or "can't," and these exclusive interviews with the heros that got us there speak about a time and a place when america ruled the world. take a peek. >> the commander of a flight has the power to abort it; right? >> when you launch, the commander, dave scott in our case -- >> liftoff. >> something goes wrong, and it veers here and there, we had several modes of abort to use. just twist a handle and we'd abort. we held his hand. say, no, dave, no. you're not going to touch the abort handle.

>> fief ten seconds. >> we get out of the van, and we're the only ones there, and i look up, and this thing's fully fueled, of course, and it's gassing off, and fuming and it's alive. >> sitting on top of this 365 feet of high explosive after, you know, waiting and kind of got relaxed, actually, i dozed off a little bit. >> we are still go at this time. >> thirty seconds before launch, the launch computer decided something was wrong, and stopped the launch. i just relaxed and went to sleep. you never know when you need sleep in this business. >> the closer we got to liftoff, the more excited i became. this was my chance, and my thoughts were, let's go, let's go, i trainedded three years, i'm ready to go. >> then the engines lit off, and, you know, that big vehicle,

the end gins moving at the bottom producing 7.5 million pounds of thrust, and as they move to control the trajectories, you lift off, that vibration came off the stack. >> i couldn't read the dials any way because of the heavy vibration. you can message driving an f-150 on a railroad track, across the ties, at 30 miles per hour, and you'll have a feeling for what that vibration was, and so you wonder why in the world you went through all the simulations of launch aborts where you were not going to be able to read gauges anyway. >> to be honest, i got nervous. i didn't realize it was supposed to shake that hard. for the next two minutes and 40 # seconds, we accelerated, and we just shook like crazy the whole way until the first stage shut down, and then suddenly, the engine cut off, and it was like a big train wreck, 4.5g's to zero like that. >> i felt i was being catapulted through the panel, and i threw

my hand out, and then, of course, the second stage cut in, and, bang, my hand went back into my face plate, the helmet. there was a slash across the helmet, and i thought, oh, boy, i'm the rookie. they'll see the slash. i'll catch grief from this. when i finally collected all the helmets from the the others, everyone had a slash. >> the engine starts, second stage, and smooth from then on, 30 seconds later, the boost protecter coffer goes. you can see out. >> you feel no sense of speed because there's no atmosphere. there's no sound. there's nothing going by the window, very fast. the earth -- the only sense of movement is that the earth is getting noticeably smaller over a period of an hour or two. >> one of the most incredible

sights. you saw the deep blue of the atlantic ocean that faded into the blue of the atmosphere that turned into white that faded into the blackness of space, and all of that was in that little window. neil: forty years ago. the last man to walk on the moon. fox news had unprecedented access to rare footage you'll never, ever see and have not seen anywhere else, exclusive interviews with more of the surviving men that walked on the moon than has ever been featured anywhere, and they had this and put this to take with us because these guys care. they care not only about when we were great and what's happened to us since, but they wanted to remind us before they leave this special planet that it's in us to be great. no, we can't all be astronauts, but what they are saying, even

to this once chunky kid who turned into a very chunky adult who wanted to be an astronaut, but had a head and body too big to fit in a helmet and capsule, that we have in our dna to be great. i hope you watch it, have your kids watch it, and your grandchildren. for those not even around the last time we were there, i hope you take the time to remember how great we were. it's in us to do it again. sunday, 9 p.m., "fly me to the moon," i think you'll enjoy the trip. meanwhile, no place to hide, take a drive, uncle sam will look at you. wow. after the moon, this loonie stuff?t se ♪ obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep.

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in the only medicare supplement plans endorsed by aarp, an organization serving the needof people 50 and over for generations... and provided by unitedhealcare insurance company, which has over 30 years of eerience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare patients. and you neveneed referrals. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. neil: what the government wants under your hood gives washington

access to everything about you. the obama administration skated the plan to put black boxes in every new car. this is an invasion of privacy, and fox news legal analysts says it is 100% legal. mercedes, to their point, administration's point would ascertain the reason behind an accident and if we had this with the toyota cars, the brakes going, going off cliffs, whatever was going on, we could have resolved it legally long beforehand; right? >> what a great idea. so maay individuals either use the cars inappropriately, speeding down the road, breaking, not paying attention, didn't belt in, and suddenly, there's something that records all of that activity that can say, wait a minute, it's not the product. it's the manner in which the product was used. it's going to save lots of money for the corporations who create the cars, two, it can provide insight as to whether there's criminality. someone speeding down the road at 120-130 miles per hour --

neil: that's the creepy part to me. >> 100% big brother, monitor everything you do, every road you're on, every place you're at, whether you have your seat belt on, whether you're intoxicated. it's tracked. who has access to that? neil: whether you eat donuts, hype -- hypothetical. >> that would be help if it was a police officer eating donuts on the job, however, for the regular individual, no privacy, who has access? what about reasonable search? anyone who gets a hold of the data, no restriction. >> listen with the criminal case, happened in california, the 15-year-old was killed by a motorist. saying, well, i was going 90, 95 miles per hour, and the speed zone is 65. he is not charged for vehicular manslaughter. there was an actual black box in the car, he was going 130 in a 65 miles per hour. neil: it's the stuff they do

before hand that troubles me, the pooential -- once that box is in the car, it could be used for any nefarious means after this. >> depends. who has access to the black box? during investigations -- neil: no, no, no, i don't know. >> that's the difference. it should be the proprietary information of the owner and could ascertain when it's important, but the fact you plug in a computer at a routine traffic stop, rights are violated. neil: it's not a black box on an airplane, why don't they make airplanes out of the black box? everybody would survive. you seem to be welcoming this because you're a lawyer. >> welcoming it because ink it's going to help ultimately. it's going to help against false chapes, uncover the facts. neil: will lead to marital >> don't do anything wrong then. adjust yourself, buckle in,

don't have affairs. you won't be tracked or doing anything inappropriate. neil: one more privacy invasion. >> absolutely, it is. it's the same thing as they track you in a toll, track you on your cell phone, and there's -- neil: nothing sacred to you? >> me? of course. it's just not black boxes, what you do and whatnot. neil: ladies, thank you very much. in the meantime, forget norquist. al gore urging the world to take a pledge to combat global warming, but one signature is notably absent. we're taking the climate fight to the white house. >> we need leadership in the executive branch as well. ♪ the boys use capital one venture miles

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>> it is causing these extreme weather events. dirty energy causing dirty weather, and we have to come to our senses and do something about it. >> i deeply respect our president, thankful for the steps taken, but we can want have four more years of mentioning this occasionally and say it's too bad the congress can't act. neil: all right, if barack obama thought he was going to get a pass from al gore on the global climate change warming, whatever they call it these days, not happening. we are here whether this might make the white house move even more quickly on climate change. melissa, what do you think? >> it's funny there's al gore lobbying cocktails at the president from this podium. he said the atmosphere was an open sewer, a fabulous image. incredible. in the speech, i watched the

whole thing, he briefly -- neil: you did? >> yeah. he briefly mentioned the people who, you know, lost everything in their lives, no word about the folks on this show and the other show who are still without everything. i mean, he was just focused on using this, you know, as a political jumping off point for climate change. neil: seeing through the ears -- >> that's cruel. neil: former weight -- that i know, mr. mr. vice president, il leave you alone own that. leaving aside how to make a storm to use it as a point, accurately or not, i wonder if the administration to keep the base in line and happy does speed up whatever it has to do on climate change. i don't think obama is that concerned with issues that are left, so to say, of him, like gun control. neil: any left? >> a few. al gore would think there's a lot booking those as i got the votes, i don't --

neil: he does, really. already been re-elected. >> least got that going, i think sandy, in general, more than gore, is going to change the debate and possible policy related to global warming. >> do you really? >> i think as long as, well, if we get another one soop, i think it happens. i think, personally, there's a huge storm in miami in the 20s, not because of global warming, other signs, but i don't believe that's the sign there's global warming, but i think, you know, people ask for money, and them it brings that debate, deserve the money, this costs a lot of money, $100 billion, we have to solve the problem, and then it's a legit gat debate because of the money spent. i think we'll see something, but no consensus on the globe about it. we can't get it in our country. you never get the emerging markets in line with this. i don't know what we could do to stop it. neil: giving a lot of money in the meantime to get a control on it; right? >> absolutely. it does, i mean, it sparked the debate in a way, but look at

places on the earth with there's icecaps now, where there used to be rain forests, long before humans were on the planet. you have to wonder how much impact we have. using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sandy. neil: when you spend money to address a problem, you need money to address the problem. >> great point. neil: i wonder whether you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising

taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far as what you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up for changing that, increased energy prices, vehicles you can drive, that the behavior changes they need in theory of the causes of things. no one signed up for that because they -- few people signed up for that, a real lifestyle change which would be measurable, financially, and in your behavior, dramatic, very people, i think, vote for that, if that was something they had to do. i don't think we'll get anything serious like that because there's not a mandate for that. >> i mean, one of the things interesting about the speech, and i realize you were not able to watch it, and i understand why. neil: harvard people listen to that. >> the comments were incendiary to the white house. saying we can't mention it

occasionally and saying, too bad, saying dysfunctional leadership is related to the function of the government -- neil: he said that? passive aggressive. >> it was a lot. it was thing after thing, and he, you know, he qualified that, i love the guy, but he's terrible is basically what he said. i don't know. there were other, you know, things going on in the subjects of this speech. kneel -- neil: i could be crazy. i had phone calls to make for one thing, and shopping to do. >> yes. neil: what i gleaned from this is that we are hardly in a position to be embarking on a massive global environmental, for lack of a better word, stimulus campaign. if we were to try that or attempt that in this environment, forget about whether we reach a deal by the end of the year on the so-called cliff, that is what will send the world spending into recession. my thoughts. >> first of all, we don't have the money to pay for the past

two deficits. i don't believe weevil have the money for the current spending related to sandy. there's not a tax for that, pretty sure. to the point to have the additional costs which would have to be hundreds and hundreds of billions of dollars, where's that's coming from? unless they use taxes on fuels to be the solution, that, at least, in theory, does not cost the government money. it doesn't mean it passes or have other effects. neil: cost money? >> not economy, but it will not look like they need o spend to solve the problem if that's the way it goes. neil: [inaudible] >> yeah, we're broke. we're turn your pockets inside out, it's over. no money. neil: you got the point across. thank you, both, very much. washington, we have a problem. don't think so? here's it's straight from the real guys behind this, after this. ♪ >> in is houston, say again, please. >> houston, we have a problem.

we have a main bolt, we have a lot of thruster, activity, houston. just went offline. ♪

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